Inflation

Reserve Bank keeps repo rate unchanged

Although economists say there is room now for SARB to cut the repo rate in order to strengthen the economy - the central bank kept it unchanged

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

Inflation outlook remains on target

Figures released by Statistics South Africa showed that CPI increased, mainly because of the increased cost of transport and insurance.

Who owns the Reserve Bank?

The SARB has more than 700 shareholders spread across the world with the second highest number of shares in German hands

Eskom’s price hike will hit jobs, place handbrake on economic growth

The National Energy Regulator of South Africa announced that Eskom’s tariffs will increase by 9.4% in 2019, 8.1% in 2020 and 5.2% in 2021

Nersa’s yes — no to Eskom

The power utility will get much less than it asked for, but the new tariffs will still bust pockets

Sudan is Africa’s secret crisis

Having long failed to establish a stable political system, the government of President al-Bashir has presided over a prolonged economic crisis

Inflation rises slightly to 5.1% in October — Stats SA

The South African Reserve Bank's monetary policy committee will be announcing its repo rate decision on Thursday

Zimbabwe’s economic crisis deepens

Zimbabwe’s economy is in dire straits. President Emmerson Mnangagwa has promised to stabilise the economy 'soon' but not everyone is optimistic

Connecting the dots between the hike in South Africa’s VAT and inflation

The South African Reserve Bank needs to guide the market on how it is going to treat VAT increase in its inflation targeting approach

SA exits recession with 2.5% GDP growth

South Africa's gross domestic product has rebounded with 2.5% growth for the second quarter of the year.

Butter price and supply going rancid

Drought, global shortages and over-enthusiastic banting mean the commodity is in short supply

Latest

Democracy will flounder sans Stats SA

As the government bails out state-owned entities, it is leaving a hole in the budget of the agency tasked with telling us what South Africa looks like — one that is crucial to government decisions

The Facebook group taking on South Africa’s white right

Online battle over the ‘white genocide’ narrative on social media has dangerous real-world consequences

Trolley tender causes Acsa eruption

Stolen contract exposes rift in the senior ranks at the state airport’s management companies

Press Releases

Scatec Solar begins another Upington project

SPONSORED Scatec Solar and partners have once again grid connected in the ZF Mgcawu District, and started early...

Over R400-m given to businesses since launch of three-minute overdraft

The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income